New York Laws
Article 22 - Implementation of the Rebuild and Renew New York Transportation Bond Act of 2005
487 - Consistency With Federal Tax Law.

ยง 487. Consistency with federal tax law. All actions taken pursuant to
this article shall be reviewed for consistency with provisions of the
federal internal revenue code and regulations thereunder, in accordance
with procedures established in connection with the issuance of any tax
exempt bonds pursuant to this article, to preserve the tax exempt status
of such bonds.